4,476 research outputs found
Effect of gate voltage on spin transport along -helical protein
Recently, the chiral-induced spin selectivity in molecular systems has
attracted extensive interest among the scientific communities. Here, we
investigate the effect of the gate voltage on spin-selective electron transport
through the -helical peptide/protein molecule contacted by two
nonmagnetic electrodes. Based on an effective model Hamiltonian and the
Landauer-B\"uttiker formula, we calculate the conductance and the spin
polarization under an external electric field which is perpendicular to the
helix axis of the -helical peptide/protein molecule. Our results
indicate that both the magnitude and the direction of the gate field have a
significant effect on the conductance and the spin polarization. The spin
filtration efficiency can be improved by properly tuning the gate voltage,
especially in the case of strong dephasing regime. And the spin polarization
increases monotonically with the molecular length without the gate voltage,
which is consistent with the recent experiment, and presents oscillating
behavior in the presence of the gate voltage. In addition, the spin selectivity
is robust against the dephasing, the on-site energy disorder, and the space
angle disorder under the gate voltage. Our results could motivate further
experimental and theoretical works on the chiral-based spin selectivity in
molecular systems.Comment: 8 pages, 7 figure
The impact of mandatory savings on life cycle consumption and portfolio choice
University of Technology Sydney. Faculty of Business.Retirement income systems have increasingly attracted academic research and policy discussion in the light of population aging in developed countries. Management of retirement wealth is of first order importance if sustainable pension systems are to be maintained while providing desirable retirement living standards. In Australia, employers have been compelled by the Superannuation Guarantee to make minimum contributions to retirement accounts on behalf of their employees. Nevertheless, the structure of superannuation is still being discussed and reformed with the aim of making it a better, fairer and more cost-effective system. While there are many empirical studies and policy reviews, research addressing the impact and efficiency of superannuation from a theoretical perspective is lacking.
To fill this gap, and to contribute to the wealth management literature, this thesis examines the impact of mandated contributions into superannuation accounts on individuals’ lifetime consumption, risky asset allocation and wealth using a continuous time dynamic life cycle model. First, in Chapter 2, we provide a dynamic model incorporating the compulsory savings constraint for a representative agent. The agent is endowed with deterministic labour income, and assumed to rationally make decisions that maximise his lifetime utility of consumption. Consistent with the primary aim of superannuation, we clearly identify and conclude that compulsory contributions alter the agent’s consumption behaviour and risky investment to be more conservative, which in turn may increase the agent’s total wealth over the life cycle.
Building on the model in Chapter 2, we further introduce a life insurance purchase to hedge the mortality risk of the representative agent in Chapter 3. The dynamic model in Chapter 3 is an extension of the work of Pliska and Ye (2007), in which we further consider the forced savings constraint. In addition to the foundational results derived in Chapter 2, we demonstrate a lower bequest value and lower life insurance demand under the compulsory savings constraint.
In Chapter 4 we calibrate the theoretical model to the Household, Income and Labour Dynamics in Australia (HILDA) survey data and conduct a range of policy analyses. In particular, we can investigate the welfare loss arising from the one-rate-for-all compulsory contribution rules. Simulations of optimal paths show that the consumption of low-wealth individuals is severely constrained under current settings, resulting in a sizeable welfare loss. In response, we propose a time-varying contribution rate for individuals, which can mitigate the welfare loss while enhancing retirement wealth to achieve a desired retirement living standard
Uniform descriptions of pseudospin symmetries in bound and resonant states
As a continuation of our previous work on the conservation and breaking of
the pseudospin symmetry (PSS) in resonant states [Phys. Lett. B 847, 138320
(2023)}], in this work, the PSS in nuclear single-particle bound and resonant
states are investigated uniformly within a relativistic framework by exploring
the poles of the Green's function in spherical Woods-Saxon potentials. As the
potential depths increase from zero to finite depths, the PS partners evolve
from resonant states to bound states. In this progress,the PSS is broken
gradually with energy, width, and density splittings. Specially, the energy and
width splittings for the resonant and bound states are directly determined by
the ratio of the pseudo spin-orbit potentials between the PS partners. Obvious
threshold effect is observed for the energy splitting at a critical potential
depth, with which the PS partners locate between the centrifugal barriers of PS
partners. The differences in the density distributions of the lower component
between the PS partners are manifested in the phase shift for the resonant
states and amplitudes for bound states. Besides, the evolution of the phase
shift as the potential depth is consistent with those for the width splitting.Comment: 7 pages, 6 figures. arXiv admin note: substantial text overlap with
arXiv:2309.0926
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